Will our economy get better or worse now that the libs have control of America's purse strings?

Question

Will most families be better or worse off financially?

Answer 1

1st off Einstein, the Democrats are not in charge of the economy "YET". Only funding for certain "government" spending.

You really need a better education and understanding of the American system before you embarrass yourself by opening your pie hole.

Sorry to say......... your precious "trickle down" economics that the Repugnantans are so fond of will be history in 2009. Gee... I guess you'll just have to put off buying that new Lamborghini and Lear-Jet that you wanted won't you?

*kiss*

Answer 2

Well, it really depends on what you define as the "economy." if you mean the gross domestic product (common marker of economic health), it will probably go up because of more spending on internal affairs. If you mean the personal cash flow of each individual, that may or may not go down due to possibly increased taxes.
But the reality is that government has very little to do with the economy. Just as long as there are no hardcore extremist groups in the congress (like fascists and communists) nothing much will change. There will be a bunch of old people talking and nothing ever happening.

Answer 3

They're going to declare a global warming tax, a U.N. tax, an embryonic stem cell tax, not to mention higher cigarette and alcohol taxes, everything but a tea tax (that would be just too blatant). And then all the money will go to pay for more illegal aliens, not what they were originally intended for. They'll just say that taxes are good for the economy, and all the brain-washed libs will believe it without question.

Answer 4

The financial news outlets were reporting before the election that the markets had always reacted well after Democratic election victories, more so than the Republican victories.

The markets didn't drop, but I don't know if they rose, either. I personally think that things will get better from here.

Answer 5

we are still better off than 95 % of the world population and whatever poverty it is we are having some of them are self inflicted and laziness and others are just plain lack of initiatives on the part of individuals concern, there is enough social services that a lot of people don't get and would like to be given to them hand and foot, this is a country that really takes cares of its citizen to the point that i am of the personal opinion that most of us are just plain spoiled rotten to the core.

Answer 6

WELL I'D LIKE TO PUT IT THIS WAY, OVERTAXING PEOPLE WHO STRUGGLE TO PUT FOOD ON THE TABLE, GAS IN THEIR CARS AND A ROOF OVER THEIR HEADS IS NOT MY IDEA OF CREATING A BETTER ECONOMY IN THE UNITED STATES OF AMERICA.
YOU COULDN'T HELP BUT NOTICE HOW ALL OF THESE LIBERAL DEMOS ARE SO VERY MUCH BETTER OFF THAN THE AVERAGE HARDWORKING JOE IN AMERICA. THESE DEMOS OWN BIG HOUSES, DRIVE EXPENSIVE CARS AND RUN WITH THE "RICH AND FAMOUS" SET.
IT'S TIME TO WAKE UP AMERICA! THESE PEOPLE DON'T CARE ABOUT YOU. ALL THEY CARE ABOUT IS GETTING RE-ELECTED!WAKE UP!!!!!!!!!!!!!!!

Answer 7

Well the economy is good now and has been for a while without them touching it so what do you think?!

Answer 8

Worse, they're gonna tax the sh*t out of the ones that work and earn their money, then they'll turn around and give it to the fat lazy SOB's pumping out kid after kid to soak up more welfare money!

Answer 9

Despite the overwhelmingly good financial indicators pointing to an extremely strong economy, prior the November election, the Democrats had the unenviable task of unseating incumbent congressmen during a period of historically strong economic growth and broadly dispersed prosperity.

However, if you’ll remember the statements of liberal politicians prior to the election they were disavowing the validity of the strong economic indicators (unemployment numbers at historically low levels, rising income at all levels, the historically greatest increase in tax revenue, the stock market reaching new historic highs, strong housing sector and consumer spending, etc). They denied that these statistics were actually a sign of a “healthy” economy. The liberals instead, aided by the mainstream media, were proclaiming economic “doom and gloom”.

The liberals drug out the old “class warfare” lie that “the rich were getting richer, but the poor were getting poorer” (the poor are, in truth, also getting richer themselves). As every economist knows, the rich always get richer ‘faster’ than the poor get richer. It’s an immutable fact of life based on the economic principle that the rich, when ‘risking’ their capital (to build new factories, stores, and houses, thus creating new jobs and economic benefit to the lower income individuals), must have commensurate ‘rewards’ for their investment (otherwise no one would invest and the economy would come to a screeching halt). That is why every major socialist or Marxist economy in the world (e.g. China, U.S.S.R, India) has switched to a ‘free market’ (or at least, market driven) capitalist economic system over the last 35 years. Even the ‘great’ Marxist countries have learned this lesson, but not the liberals in this country. They depend upon the ignorance of the ‘lower’ classes and appeal to their own greed, in that they are ‘entitled’ to share in the prosperity of the ‘rich’ simply by virtue of the fact they live in a ‘rich country’. This despicable lie actually serves to keep the poor oppressed and dependent upon the ‘liberals’ as their ‘political saviors’ from the wickedness of ‘corporate greed’ and “bourgeois oppression of the working class”, to quote Karl Marx.

The liberals pointed to “excessive” CEO salaries and bonuses as evidence of corporate ‘corruption’ and ‘greed’ which the rich use to oppress the poor. This is the classical Marxist’s argument that led to the success of Communist revolutions in the early 20th century. It’s “ear candy” to the low income members of society but it has neither substance nor sustainability. This “class warfare” argument is so appealing to the ‘lower’ income individuals because it places the responsibility of their financial well-being in the hands of the liberal politicians who, in turn, depend upon them for their political power base.

Not enough that the liberals want to intervene in the private sector to ‘cap’ salaries and raise minimum wages; Hillary actually went so far as to propose government confiscation of the “profits” of private companies (e.g. ‘big’ oil) to fund government programs. Not even the so-called ‘Marxist’ government of People’s Republic of China would be so utterly foolish to propose such a self-destructive move.

Why are the liberals in this country so anxious to go in the direction of socialism and government control of the private sector while the ‘formerly’ Marxist economies of China, Russia and India are trying so desperately to emulate the economic success of “free market capitalism”? The answer to this question lies is in the power base of the liberals. Liberalism consists of a coalition of two disparate demographics. The poor/low income group can either explain their economic status as a result of their own decisions and choices or the can believe the “ear candy” and lies of the liberals who constantly tell them that their condition is the result of being ‘cheated’ and ‘oppressed’ by the wealthy class who, themselves are undeserving in their own success and accomplishments. Which reason, to a ‘poor’ person, is easier to accept? Should they believe that corporate greed is ‘oppressing’ them and preventing them from getting their ‘fair share’ of the ‘ever decreasing economic pie’; or, that that there is no greater country in which a motivated and hard working individual can accomplish whatever they set their mind to in an ‘ever increasing economic pie’ (given that the government stays out of the way)?

On the other end of the economic spectrum are the liberals who are of middle and high economic status. Many of these ‘ill-informed’ individuals suffer from ‘guilt’ and the ‘delusion’ that their success and accomplishments are undeserved or unfairly gained. Still others are the ‘trust-fund’ babies (i.e. the Kennedy clan) who feel guilt because they were born into wealth. They have come to believe the liberal “disinformation machine” which attributes their ‘undeserved rewards’ to an unfair and biased societal system rather than the old-fashioned, conservative values of hard work and diligence.

The liberal’s method of correcting the ‘inherently unfair’ social and economic system is by government intervention. Besides adding more regulations to correct “social injustice” (as deeming by the liberal power base), the liberal’s weapon of choice in their “war of the classes” is “income re-distribution” (i.e. higher taxes and a more ‘progressive’ tax schedule). The higher revenue “earned” (taxed) by the government is designated to pay for higher ‘entitlements’ for the lower income power base of the Democrat party.

The truth about the relationship between tax rates and tax revenues has been theorized and proven several times over. This conservative tax theory states that higher tax revenue (taxes paid to the government) is actually achieved by lowering taxes on businesses and working people to an optimal level. This coincides with the capitalist theory that by allowing people and businesses to keep more of their hard earned money, they will, in turn, have a stronger incentive to earn more revenue; thereby creating more tax revenue for the government than the government would have otherwise. The Bush administration had to fight hard early on in its term to lower taxes in the midst of an economic downturn and against the threat of economic disaster by the liberals in congress. The resulting, unprecedented economic boom that we are continuing to experience is due directly to the ‘low tax’ incentives provided by the administration.

In several weeks the administration will push to make those ‘tax reductions’ permanent. I predict that the liberals with defeat this bill thus setting the stage for their plans for higher taxes when they have control of the White House. If this does occur, the liberals will be obliviously ushering in the next major economic downturn.

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Answer 10

Better, I would think, after the trillions that have been thrown down the rat hole by our "conservative" administration.